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Politics : Ask Michael Burke
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To: BGR who wrote (96878)7/23/2002 12:35:32 AM
From: Skeeter Bug  Read Replies (1) of 132070
 
**But that's not active trading. I buy S&P puts covering my investments, twice a year. Kind of the way I renew my automobile insurance**

you also dca'd into the naz that is down 80%. funny, you didn't mention this... you know, the losses. don't think your puts offset that 40% loss in half your portfolio... especially when you first mentioned them as no big deal.

so we are back to your numbers being whacko... and you having no incentive for honest numbers that make passbook savings look like a "get rich quick" plan.

you need to just come clean. admitting error is the first step to getting things right.
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